Prodisc to discontinue CD-R production
May 18, 2008 | Recordable CDs
According to Digitimes Prodisc is planning to discontinue CD-R production. This is the continuing saga of the Philips action against several Taiwan CD-R manufacturers over royalty payments.
CMC, Ritek and Prodisc have been in negotiation with Philips since last year when the last license ran out. Digitimes had pointed out that the troubles for Prodisc really started with them publicly
protesting how unfair the royalty program is. Philips requested and received a request to seize assets of Prodisc in Taiwan which includes a manufacturing facility and money in a bank account.
Stay Tuned
This is a link to the full story Digitimes article
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